BBEEE

BBEEE is a complicated issue which I personally dont agree with as I see it as racism and preference. In doing research to write this article I have failed to produce anything so I hereby give you the links so that you may draw your own conclusion 

 

The bottomless pit

Broad-based Black Economic Empowerment (B-BBEE) is an initiative launched by the South African Government to address the restrictions that exist within the country for Black individuals to participate fairly in the economy.

How does it work

Economic Empowerment on the DTI website

CIPC will issue you a certificate dependant on your company registration.

What I did not like was that there is a triangle with black women at the top and white men at the bottom. Meaning that if you are a white man your chances of getting government contracts are slim unless you are the only company in that field. 


Traderz *

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